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Medical institutions cannot be engaged in wholesaling business, Constitutional Court says
Dealing a serious blow to the direct wholesaling operation of hospitals, which was sought by Kyunghee Medical Center, the Constitutional Court ruled on January 29 that medical institutions cannot directly operate the ...
Boryung to implement ethical management.
Chairman Kim Seung-ho of Boryung announced "The Ethical Management Guideline for the company executives and staffs" on Jan. 29 so that all company members should keep their ethical decision making and action in their ...
Dr. Baik discovered p53 cancer blocking enzyme
Prof. Baik Kwang-hyeon of Pocheon Joongmun Medical School recently reported a discovery of a new enzymatic gene named mHAUSP to the Journal of International Cancer Society that controls p53, a repressing protein again...
Tightened tax rules hit domestic pharmaceutical firms
Beginning in 2004, the National Tax Service says companies that spend 500,000 won or more entertaining their customers, clients or employees must prove that the meetings are business-related, while people on the recei...
Fair trade panel eyes standard clause system to health foods
Korea Trade Commission will begin overhauling its standard clause policies governing franchise (dining-out business), clean water devices, and rental sectors in an attempt to expand them to health foods, the agency sa...
Establishment of safety assessment on folk medicines or health foods urged
The national toxicity institute under the Korea Food and Drug Administration said recently that the government needs to establish the safety assessment system on herbal medicines or health foods, as increasing inciden...
7 companies fined on charge of hospital bid rigging.
In earlier government's public bidding for the purchase of vaccines, 7 drug companies were accused of a bid rigging and fined thereof.
Fair Trade Commission (FTC) inspected the public bidding process for the purcha...
KPA to assign study over relative value of pharmacist's works
Korea Pharmaceutical Association (KPA) has assigned a study to an outside institute over the relative value points of pharmacist's works for the sake of revising it.
To prepare the relative value points system to ...
Number of pharmacies up
The Health Insurance Review Agency says that as of the end of 2003 there were a total of 19,262 pharmacies, up 535 compared with 18,727 from a year earlier.
Number of pharmacies had showed steadily decreasing...
Speedy listing of Iressa's insurance price urged
In a recent meeting with the local Health World Network over the pending health insurance price of Iressa, an anticancer agent, AstraZeneca Korea said that the government is still in the process of assessing its reimb...
